NCSU BUS 370- EXAM 2 GRADED A+
_______________ combines classic warehouse operations with light manufacturing
and packaging duties to allow firms to put off final assembly or packaging of goods until
the last possible moment. - ANSWER-Postponement warehousing
_______________ refers to the broad set of activities carried out by organizations to
analyze sourcing opportunities, develop sourcing strategies, select suppliers, and carry
out all the activities required to procure goods and services. - ANSWER-Supply
management
_______________ takes place at the highest levels of the firm; it addresses needs that
might not arise for years into the future. - ANSWER-Strategic planning
"A complete supply chain dedicated to the reverse flow of products and materials for the
purpose of returns, repair, remanufacture, and/or recycling" is the definition of -
ANSWER-reverse logistics systems
"A complete supply chain dedicated to the reverse flow of products and materials for the
purpose of returns, repair, remanufacture, and/or recycling" is the definition of -
ANSWER-reverse logistics systems.
A document that authorizes a supplier to deliver a product or service is known as -
ANSWER-a purchase order
Building relationships for key suppliers and preparing contingency plans in case of
supply interruptions is vital for products or services found in the: - ANSWER-critical
quadrant
Depleting all of our natural resources this generation is considered sustainable. -
ANSWER-False
Garments that are sewn overseas are shipped in containers to the Port of Seattle.
These containers are then loaded on rail to major centers in the United States only to be
unloaded onto semi trucks for delivery to the appropriate store.
This transportation solution is commonly referred to as - ANSWER-multimodal
One advantage of outsourcing is that it - ANSWER-increases the company's access to
state-of-the-art products and processes.
Sales and operations planning helps develop _______ plans. - ANSWER-tactical
The approach to S&OP that is used when the mix of products or services is not the
same from one period to the next (ex., one product has most of the sales volume in the
_______________ combines classic warehouse operations with light manufacturing
and packaging duties to allow firms to put off final assembly or packaging of goods until
the last possible moment. - ANSWER-Postponement warehousing
_______________ refers to the broad set of activities carried out by organizations to
analyze sourcing opportunities, develop sourcing strategies, select suppliers, and carry
out all the activities required to procure goods and services. - ANSWER-Supply
management
_______________ takes place at the highest levels of the firm; it addresses needs that
might not arise for years into the future. - ANSWER-Strategic planning
"A complete supply chain dedicated to the reverse flow of products and materials for the
purpose of returns, repair, remanufacture, and/or recycling" is the definition of -
ANSWER-reverse logistics systems
"A complete supply chain dedicated to the reverse flow of products and materials for the
purpose of returns, repair, remanufacture, and/or recycling" is the definition of -
ANSWER-reverse logistics systems.
A document that authorizes a supplier to deliver a product or service is known as -
ANSWER-a purchase order
Building relationships for key suppliers and preparing contingency plans in case of
supply interruptions is vital for products or services found in the: - ANSWER-critical
quadrant
Depleting all of our natural resources this generation is considered sustainable. -
ANSWER-False
Garments that are sewn overseas are shipped in containers to the Port of Seattle.
These containers are then loaded on rail to major centers in the United States only to be
unloaded onto semi trucks for delivery to the appropriate store.
This transportation solution is commonly referred to as - ANSWER-multimodal
One advantage of outsourcing is that it - ANSWER-increases the company's access to
state-of-the-art products and processes.
Sales and operations planning helps develop _______ plans. - ANSWER-tactical
The approach to S&OP that is used when the mix of products or services is not the
same from one period to the next (ex., one product has most of the sales volume in the